Exxon Mobil Profits Soar as Shareholders ‘Take The Money And Run’

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The company is known for its long-term success and profitability, and its investors have reaped the rewards of its consistent profits. Recently, Exxon Mobil ($NYSE:XOM) has seen a dramatic increase in profits, leading many shareholders to “take the money and run.” This has been accompanied by strong earnings growth and dividend payments, making Exxon Mobil an attractive investment for those looking to make their money work for them. The company’s success has been founded on its strong balance sheet, with solid investment in its oil and gas operations. Its diversified portfolio of assets means that it is well-positioned to take advantage of market opportunities.

The company also boasts excellent corporate governance practices, with a commitment to transparency and accountability. This is evidenced in their share buyback policy, which has allowed them to reward shareholders while maintaining ample liquidity. Exxon Mobil’s shareholders have clearly seen the benefits of their investments, and many have taken the opportunity to “take the money and run.” With such impressive earnings growth and an appetite for continued success, Exxon Mobil remains a compelling investment choice for those looking to make their money work for them.

Stock Price

The stock opened at $105.5 and closed at $105.9, representing a 0.7% increase from its previous closing price of 105.2. This is a massive jump in profits for the company, a clear indication that investors are feeling positive about its prospects. The company has been able to maintain a steady growth trajectory, even in the midst of a volatile market. EXXON MOBIL‘s success is reflective of its commitment to its customers and shareholders alike; the company continues to invest heavily in its operations and its technology to ensure that it can keep up with the changing demands of the marketplace. With such promising numbers, it looks like EXXON MOBIL is well positioned to remain firmly on top for the foreseeable future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Exxon Mobil. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Exxon Mobil. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Exxon Mobil. More…

Key Ratios Snapshot

Some of the financial key ratios for Exxon Mobil are shown below. More…

Analysis

GoodWhale has conducted an analysis of EXXON MOBIL‘s financials and found that it is strong in dividend and growth and medium in asset and profitability. After further research, we concluded that EXXON MOBIL is classified as a ‘cheetah’, a type of company that achieves high revenue or earnings growth but is considered less stable due to lower profitability. This type of company would be attractive to investors who are looking for growth but can withstand a higher level of risk. We noted that EXXON MOBIL has a high health score of 10/10 with regard to its cashflows and debt, which means that it is capable to sustain future operations in times of crisis. More…

Peers

The oil and gas industry is a highly competitive sector. The largest oil companies in the world, Exxon Mobil Corp, Chevron Corp, BP PLC, and Hess Corp, are all vying for market share. These companies have different strengths and weaknesses, and each is trying to outmaneuver the others in order to gain an advantage.

– Chevron Corp ($NYSE:CVX)

Chevron is an American energy company with a market cap of 313.46B as of 2022. Chevron is engaged in every aspect of the oil, natural gas, and geothermal energy industries, including exploration, production, refining, marketing, and transportation. Chevron also has interests in chemicals, mining, and power generation. Chevron’s return on equity was 16.97% as of 2022.

– BP PLC ($LSE:BP.)

HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, United Kingdom. It is the world’s fourth-largest bank by total assets and the largest in Europe with total assets of US$2.374 trillion. HSBC traces its origin to a hong in Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991. The last surviving member of the Hong Kong banking conglomerate, The Hongkong and Shanghai Banking Corporation Limited, was renamed HSBC Holdings plc in May 1999.

As of March 2018, HSBC is organized into four business groups: Commercial Banking, Global Banking and Markets, Retail Banking and Wealth Management, and HSBC Holdings. HSBC has a dual primary listing on the Hong Kong Stock Exchange and London Stock Exchange, and is a constituent of the Hang Seng Index and the UK FTSE 100 Index. As of 6 July 2012, it had a market capitalization of £102.7 billion, the second-largest company listed on the London Stock Exchange, after Royal Dutch Shell. It has secondary listings on the New York Stock Exchange, Euronext Paris, and the Bermuda Stock Exchange.

In 2015, HSBC was investigated by the US Senate for allegedly facilitating money laundering for drug cartels and terrorist groups. The allegations date back to 2002 and HSBC’s involvement with Mexican drug lord Osiel Cárdenas Guillén. On 11 December 2015, HSBC agreed to pay US$1.256 billion to settle the charges.

– Hess Corp ($NYSE:HES)

Hess is a leading international independent energy company engaged in the exploration and production of crude oil and natural gas. Hess has a market cap of $37.9 billion as of 2022 and a return on equity of 29.47%. The company has a long history of success in the oil and gas industry, and its operations are primarily focused in the United States, the United Kingdom, Norway, Denmark, Malaysia, and Indonesia. Hess is committed to providing its shareholders with value through a combination of strong operating performance, disciplined capital management, and a commitment to sustainable development.

Summary

Exxon Mobil is a large, well-known company and one of the world’s largest oil and gas companies. It has a strong track record of profitability and pays out significant dividends to shareholders. The company has a strong balance sheet and is well-positioned to take advantage of opportunities in both the upstream and downstream sectors. Its share price has been relatively stable over the past several years, although it has experienced some volatility.

The company has a strong dividend yield and offers attractive valuations for investors looking to take advantage of its dividend potential. Its share price has been supported by its strong oil and gas production and exploration potential, as well as its focus on operational efficiency. Investors should also consider Exxon Mobil’s capital expenditure plans, which could lead to increased cash flow and improved shareholder returns.